MECHANICS BANCORP-A (MCHB) Technical Analysis
NASDAQ:MCHB • US43785V1026
Current stock price
MCHB Technical Rating and Analysis
We assign a technical rating of 2 out of 10 to MCHB. In the last year, MCHB was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
- 100% of all other stocks performed better in the past year than MCHB.
- MCHB is one of the lesser performing stocks in the Banks industry. 95% of 376 stocks in the same industry do better.
- The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
- In the last month MCHB has a been trading in the 13.61 - 15.89 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
MCHB Weekly and Daily overview Charts
MCHB Setup Rating and Analysis
MCHB has a poor technical rating and the quality of the setup is also only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
MCHB Support and Resistance Analysis
13.90
We found 2 important support areas.
- A support zone ranging from 14.44 to 14.46. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 14.04 to 14.17. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 15.22 to 15.76. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
MCHB Technical Indicator Signal Analysis
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for MCHB is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MCHB is neutral. |
| ChartMill Relative Strength | 0 | NEGATIVE | MCHB has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MCHB is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of MCHB is above a declining SMA(50). |
| Relative Strength Index/RSI (14) | 46.92 | NEUTRAL | The RSI value for MCHB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests MCHB has a negative trend. |
| Stochastics (14,3) | 51.31 | NEUTRAL | The Stochastics value for MCHB is a neutral value. |
| Average True Range in percent/ATR (20) | 3.19 | MEDIUM VOLATILITY | The ATR as a percentage value for MCHB suggests some volalility. |
| Average Directional Index/ADX (14) | 19.09 | NEGATIVE | The low ADX value for MCHB suggests a weak or negative trend. |
MCHB Chart- and CandleStick Pattern Analysis
MCHB Technicals: Chart, Performance Metrics, Trend & Indicators
14.92
+0.15 (+1.05%)
MECHANICS BANCORP-A / MCHB TA FAQ
Can you provide the ChartMill technical rating for MECHANICS BANCORP-A?
ChartMill assigns a technical rating of 2 / 10 to MCHB.
What is the trend direction for MCHB stock?
The current trend direction for MECHANICS BANCORP-A (MCHB) is Bullish.
Can you provide the RSI signal for MECHANICS BANCORP-A?
MECHANICS BANCORP-A (MCHB) has an RSI value of 46.9158. This indicates that the stock is currently neutral.
Can you provide the short term momentum for MECHANICS BANCORP-A?
The short term momentum for MECHANICS BANCORP-A (MCHB) is neutral.